The formula of 1 – unexplained variation ⁄ total variation is used to calculate _____________?

Related Mcqs:

1. If an unexplained variation is 456870 and the total variation is 955000, then the coefficient of determination will be ___________?

   A. 0.4528
   B. 0.4783
   C. 0.5216
   D. 0.5425

2. If an unexplained variation is 255050 and the total variation is 550505, then coefficient of determination will be ___________?

   A. 0.5063
   B. 0.4633
   C. 2.16
   D. 0.5367

3. If an unexplained variation is 350050 and the total variation is 700505, then coefficient of determination would be ____________?

   A. 3
   B. 0.5003
   C. 0.7003
   D. 2

4. Total cost related to work in process inventory is divided by total units of work done is used to calculate _____________?

   A. Gross weighted margin
   B. weighted average revenue
   C. weighted average cost
   D. weighted average conversion cost

5. The total revenues is subtracted from total variable costs to calculate ___________?

   A. revenue margin
   B. variable margin
   C. contribution margin
   D. divisor margin

6. The budgeted total direct labor cost is divided with budgeted total direct labor, to calculate ___________?

   A. budgeted indirect labor cost rate
   B. expected direct labor cost rate
   C. budgeted direct labor cost rate
   D. expected indirect labor cost rate

7. The total costs incur in a production process, is divided by total number of output units, to calculate the ____________?

   A. cost of indirect labor
   B. cost of direct labor
   C. cost of direct material
   D. unit costs

8. The units of normal spoilage are divided to total completed units, rather than total actual produced units to calculate ____________?

   A. normal spoilage rates
   B. abnormal spoilage rates
   C. normal scrap rates
   D. abnormal scrap rates

9. The formula to calculate the contribution margin is ___________?

   A. revenue – all variable cost
   B. revenue + all variable cost
   C. cost + revenue
   D. revenue – breakeven units

10. The formula to calculate return on investment, according to profitability analysis in DuPont method is ____________?

    A. return on sales * investment turnover
    B. return on sales + investment turnover
    C. return on sales – investment turnover
    D. investment turnover + residual income